2020 Colorado Ave - Office FOR SALE


Turlock, CA 95382- Chemurgic
$1,950,000 USD
209-345-8209
2020 Colorado Ave, Turlock, CA for Sale
$1,950,000 USD
Office - FOR SALE
1/45
null | Request Cap Rate

NEW


2020 Colorado Ave
Turlock, CA 95382
Chemurgic


OVERVIEW

Excellent Multi Tenant Medical Office Building. Built in 1999, this 5,130±SF, high-quality finishes, durable tile roof, and strong existing tenancy. Subject property includes suites ideal for medical or healthcare use, immediate proximity to Emmanuel Medical Center. Ste A is 3,617 sf and is currently occupied by Turlock Eye Care. Lease expires July 1, 2026, making a great opportunity for a medical practice to purchase and prepare for several months prior to business occupancy. Ste B is 1,513 sf and is occupied by Hanger Clinic, a national credit medical tenant. Lease expires April 30, 2029 with 3% annual increases and two, five year extension options. With very limited owner user medical inventory in the Central Valley and national credit tenant in place, this property provides a true rare opportunity to acquire a beautifully maintained, highly functional, income producing, well located, multi tenant medical office building.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$326 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,859 SF

ZONING

PA

APN/PARCEL ID

072-37-05

ASK ABOUT THIS PROPERTY

Jordan AmarantPMZ CommercialMore Info
209-345-8209

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Jordan AmarantPMZ CommercialMore Info
209-345-8209

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.